Top real estate news in Turkey right now? The law of supply and demand, which makes the project an investment opportunity, is fully realized here, because most of the apartments in Nisantasi are old apartments and do not include the luxuries found in this project. It is highly investigated here. The project includes for options of 3 rooms and a hall and above, views of the Bosphorus are closer and better than the views of the Sisli projects, and if it were not for the views of the Besiktas area itself (which is located below Nisantasi on the Bosphorus side), the project’s view of the Bosphorus would have been the best ever. As for public transportation, the osman bey metro station is 800 meters from the project, and the sisli metro station is 1,500 meters from the project.
Turkey travel is one of the top reasons to invest in Turkey. Considerably smaller than the Grand Bazaar, the Spice Bazaar is home to around a hundred shops selling dried fruits, nuts, spices, tea, Turkish Delight, and other goodies. Both are walking distance from Sultanahmet Square. Follow the link for a DIY walking tour of Istanbul’s Bazaars and Rustem Pasha Mosque, a small but beautiful mosque near the Spice Bazaar. You can easily visit the Grand and Spice Bazaars on your own but if you’d like to go on a guided tour, then you can book one through Get Your Guide. Having a guide will be helpful, especially at the Grand bazaar because it’s so big. Follow the link to check out Get Your Guide’s Grand and Spice Bazaar tours.
The Istanbul real estate market is undoubtedly Turkey’s star performer when it comes to attracting investors from all corners of the globe. Historically, it has always been the number one destination in the country for domestic property sales, and in 2015, it overtook the Mediterranean region of Antalya as the most popular destination for foreign property buyers in Turkey. Last year, it hit a record high with 8,182 properties sold to foreigners of various nationalities and 238,383 domestic sales. But what exactly is luring domestic and foreign buyers to invest in Istanbul real estate and more importantly, will this trend last? We think so. Discover additional info at is buying real estate in Turkey a good investment?. Many beginners in real estate investing in Turkey are looking for quick profit, which makes them rush in their decisions and they often end up in loss. The real estate sector is one of the most growing sectors in Turkey which provides all investors with a good investment return, but the key to success in this sector is time. Investor’s efforts must first be based on understanding the market and then choosing the best property in terms of region and quality. Then wait, as one real estate investment expert says. “Real estate investors are the only ones who make money while they are asleep.”
Now the important question comes to our mind, which is how much does it cost to buy an apartment for two bedrooms in the above project? Prices for real estate with a partial Bosphorus view will start at least from 450 thousand dollars for a bedroom and a hall and from 650 thousand dollars for two bedrooms and a hall. We know that this budget exceeds the expectations of many foreign investors, but these are the logical prices for these properties, as they overlook the Bosphorus and in the Sisli district in central Istanbul, in a modern, full-service tower building. Do I need 450 thousand dollars to start a successful investment in Istanbul? Of course, not necessarily. The strategic location does not mean only real estate near the Bosphorus. Let us explain the matter simply through the following rule: “Any real estate in a strategic location (city center / near an important transportation station / near a highway / with a high rental return / distinguished from the surrounding real estate to make it easier to sell later with profits) is a valid investment property if most of the other investment bases are available”.
If you want to resell your investment property after 3 years, how do you choose it based on the high rental return?! And if you want to resell your investment property after at least 7 years, how do you buy it in a fully-developed area where there is no opportunity for development?! And if you want to resell your investment property after more than ten years, how do you accept a property with a low rental return?! If any investor asks the above questions, he will certainly say that these are self-evident matters in real estate investment and no one can fall into them, but in the reality of our daily experiences through which we witness the stories of dozens of investors, we notice that one of the above mistakes is often committed, especially if the investor’s primary goal is to obtain On Turkish citizenship without giving much attention to the type of real estate he buys, or even a careful informed investor is lured by the idea that there is no profitable investment in Istanbul and therefore he is advised to buy the least harmful real estate and this is in fact just a way to advertise bad projects The real estate consultant would like to sell In it, but the truth, through our long experience in the field, is that there are properties that have achieved more than 100% profits in less than two years. You can view them by communicating with us. See extra information on https://mehmethekimoglu.com/.